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FDIC Makes Public September Enforcement Actions; One Administrative Hearing Scheduled for November

FOR IMMEDIATE RELEASE
October 30, 2009
Media Contact:
LaJuan Williams-Dickerson
Office: (202) 898-3876 (office)
Email: Lwilliams-dickerson@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in September. One administrative hearing is scheduled for November.

The FDIC processed a total of 48 matters in September. These included twenty-six cease and desist orders; twelve removal and prohibition orders; six civil money penalties; two prompt corrective action directives; one voluntary termination of insurance; and one order terminating the order to cease and desist.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view individual orders below, click the link for the PDF next to the order. To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. 1818(b)
Cease-and-Desist

Tamalpais Bank, San Rafael, CA; FDIC-09-363b; Issued 9/15/09 - PDF (PDF Help)

United Commercial Bank, San Francisco, CA; FDIC-09-490b; Issued 9/3/09 - PDF (PDF Help)

Western Commercial Bank, Woodland Hills, CA; FDIC-09-370b; Issued 9/18/09 - PDF (PDF Help)

Valley Bank, Fort Lauderdale, FL; FDIC-09-252b; Issued 9/18/09 - PDF (PDF Help)

Hillcrest Bank Florida, Naples, FL; FDIC-09-466b; Issued 9/28/09 - PDF (PDF Help)

Sunshine State Community Bank, Port Orange, FL; FDIC-09-324b; Issued 9/21/09 - PDF (PDF Help)

Atlantic Southern Bank, Macon, GA; FDIC-09-225b; Issued 9/11/09 - PDF (PDF Help)

First Cherokee State Bank, Woodstock, GA; FDIC-09-192b; Issued 9/11/09 - PDF (PDF Help)

Citizens Bank and Trust Company of Chicago, Chicago, IL; FDIC-09-248b; Issued 9/29/09 - PDF (PDF Help)

Citizens Bank and Trust Company of Chicago, Chicago, IL; FDIC-09-272b; Issued 9/25/09 - PDF (PDF Help)

Highland Community Bank, Chicago, IL; FDIC-08-240b; Issued 9/15/09 - PDF (PDF Help)

Valley Bank, Moline, IL; FDIC-09-254b; Issued 9/18/09 - PDF (PDF Help)

Freedom Bank, Sterling, IL; FDIC-09-253b; Issued 9/18/09 - PDF (PDF Help)

Peoples Bank & Trust Company, Owenton, KY; FDIC-09-331b; Issued 9/30/09 - PDF (PDF Help)

First Mariner Bank, Baltimore, MD; FDIC-09-302b; Issued 9/18/09 - PDF (PDF Help)

Peoples State Bank, Hamtramck, MI; FDIC-09-129b; Issued 9/18/09 - PDF (PDF Help)

Maple Bank, Champlin, MN; FDIC-09-395b; Issued 9/23/09 - PDF (PDF Help)

Prosperan Bank, Oakdale, MN; FDIC-09-400b; Issued 9/10/09 - PDF (PDF Help)

First Bank, Williamstown, NJ; FDIC-09-378b; Issued 9/30/09 - PDF (PDF Help)

Sunrise Bank, Albuquerque, NM; FDIC-09-523b; Issued 9/29/09 - PDF (PDF Help)

Gunnison Valley Bank, Gunnison, UT; FDIC-09-323b; Issued 9/25/09 - PDF (PDF Help)

Business Bank, Burlington, WA; FDIC-09-406b; Issued 9/1/09 - PDF (PDF Help)

Regal Financial Bank, Seattle, WA; FDIC-09-388b; Issued 9/3/09 - PDF (PDF Help)

Washington First International Bank, Seattle, WA; FDIC-09-284b; Issued 9/1/09 - PDF (PDF Help)

Rainier Pacific Bank, Tacoma, WA; FDIC-09-521b; Issued: 9/30/09 - PDF (PDF Help)

Fox River State Bank, Burlington, WI; FDIC-09-226b; Issued 9/11/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. 1818(e)
Removal and Prohibition Orders

First American Bank, Carpentersville, IL; FDIC-07-039e; against Dawn Lynch; Issued 9/14/09 - PDF (PDF Help)

Westside Savings Bank, Westside, IA; FDIC-09-123e; against Jill A Bruch; Issued 9/23/09 - PDF (PDF Help)

Citizens Savings Bank, Bogalusa, LA; FDIC-08-042e; against Loretta K. Balsamico;

Issued 9/14/09 - PDF (PDF Help)

Coastal Commerce Bank, Houma, LA; FDIC-08-277e; against Antoinette P. Amedee;

Issued 9/14/09 - PDF (PDF Help)

Boston Private Bank & Trust Company, Boston, MA; FDIC-08-362e; against

Phyllis N. Shannon; Issued 9/23/09 - PDF (PDF Help)

Northeast Bank, Minneapolis, MN; FDIC-09-198e; against Lisa A. Holzinger; Issued 9/14/09 - PDF (PDF Help)

The People Bank, Biloxi, MS; FDIC-08-181e; against Justin W. Markham; Issued 9/14/09 - PDF (PDF Help)

First Community Bank, Lee's Summit, MO; FDIC-09-268e; against Tammy R. Boulais;

Issued 9/23/09 - PDF (PDF Help)

Foundation First Bank (f/k/a Western State Bank); Waterloo, NE; FDIC-08-323e; against Troy J. Peterson; Issued 9/23/09 - PDF (PDF Help)

Crown Bank, Ocean City, NJ; FDIC-09-314e; against Carlos Pinho; Issued 9/23/09 - PDF (PDF Help)

Citizens Bank of Pennsylvania, Philadelphia, PA; FDIC-08-214e; against Jamila Hamler;

Issued 9/14/09 - PDF (PDF Help)

International Bank of Commerce, Laredo, TX; FDIC-08-345e; against Diamantina Clark, aka Tina Clark; Issued 9/14/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)
Civil Money Penalties

The PrivateBank and Trust Company, Chicago, IL; Successor in Interest to The Private Bank, Bloomfield Hills, Michigan; FDIC-09-343k; in the amount of $2,550.00; Issued 9/11/09 - PDF (PDF Help)

West Suburban Bank, Lombard, IL; FDIC-08-381k; in the amount of $7,000.00; Issued 9/23/09 - PDF (PDF Help)

West Suburban Bank, Lombard, IL; FDIC-08-385k; in the amount of $2,950.00; Issued 9/23/09 - PDF (PDF Help)

Community Central Bank, Mount Clemens, MI; FDIC-07-107k; in the amount of $3,500.00; Issued 9/9/09 - PDF (PDF Help)

Foundation First Bank (f/k/a Western State Bank), Waterloo, NE; FDIC-08-324k; against Troy J. Peterson in the amount of $10,000; Issued 9/23/09 - PDF (PDF Help)

The Pecos County State Bank, Fort Stockton, TX; FDIC-09-379k; in the amount of $4,200.00; Issued 9/4/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. 1831o
Prompt Corrective Actions

Rainier Pacific Bank, Tacoma, WA; FDIC-09-489PCAS; Issued 9/8/09 - PDF (PDF Help)

Washita State Bank Burns Flat, OK; FDIC-09-491PCAS; Issued 9/18/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(p), 12 U.S.C. 1818(p)
Voluntary Termination of Insurance

Putnam Fiduciary Trust Company, Boston, MA; FDIC-09-256p; Issued 9/29/09 - PDF (PDF Help)

TERMINATIONS
Order Terminating an Order to Cease and Desist

Colonial Bank, Montgomery, AL; FDIC-09-125b; Issued 9/29/09 - PDF (PDF Help)

ADMINISTRATIVE HEARINGS SCHEDULED FOR NOVEMBER 2009

Bank 1st, Albuquerque, New Mexico, FDIC-09-025b, Section 8(b) Proceeding

Date:
Location:
FDIC contact:
November 18, 2009
Albuquerque, New Mexico
Leroy K. Carter, Senior Attorney
Jose A. Romanach, Counsel
Dallas Regional Office

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,195 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-193-2009




Last Updated 10/30/2009 communications@fdic.gov